Economic imperative for peace in Sri Lanka

Abstract

The economic effects of ethnic conflict in Sri Lanka are multifarious. A discussion of the economic effects of ethnic conflict could encompass the opportunity cost of the war (i.e., the foregone income due to the war at micro- and macro-levels), the economic impact of the military expenditures (on both sides of the war), financing mechanisms (both national and international) of the rebel movement, and the impact of economic sanctions on rebel territory. It should be noted that the economic effects of ethnic conflict in Sri Lanka is a relatively under-researched area (Arunatilake, Jayasuriya, & Kelegama, 2000; Goonetileke, 1998; Grobar & Gnanaselvam, 1993; Gunatilleke et al., 2001; Kelegama, 1999; O’Sullivan, 1994, 1997, 2001; Rankaduwa & Cooray, 1999; Ravano, 2001; Richardson & de Samarasinghe, 1991; Ross & Samaranayake, 1986; Seabright, 1986).

Citation

Sarvananthan, M. (2008), "Economic imperative for peace in Sri Lanka", Chatterji, M. and Jain, B.M. (Ed.) Conflict and Peace in South Asia (Contributions to Conflict Management, Peace Economics and Development, Vol. 5), Emerald Group Publishing Limited, Leeds, pp. 171-184. https://doi.org/10.1016/S1572-8323(08)05011-X